Witches digging ditches: Market for magic reigns amid US drought

As Australia battles the wet and wild whims of La Nina, a drought in the US has created surging demand for so-called ‘water witches’ – and practitioners of these mystical arts are cashing in.

As Australia battles the wet and wild whims of La Nina, a drought in the US has created surging demand for so-called ‘water witches’ – and practitioners of these mystical arts are cashing in.

Californian farmers are reportedly enlisting the services of witchcraft practitioners – sometimes called ‘dowsers’ – to seek out new sources of water amid the state’s sweeping droughts.

One such witch told CBS News he has “never been this busy” as demand for his services surges, adding that his clients are so far satisfied with his abilities – even if he can’t fully explain them himself.

“My theory is that we’re like a radio and we’re tuning into the electromagnetic fields of the earth,” he said.

While the scientific evidence suggests that dowsing does not work, it is perhaps unsurprising that farmers still use the practice given even British water companies have admitted to using the practice in the past five years.

In fact, witchcraft itself has grown into a multi-billion-dollar industry in the 21st century.

Even Jack Dorsey, the often controversial co-founder and former CEO of Twitter, has seemingly sought out magical assistance inside the past decade, having reportedly sent clippings of his own hair to rapper and self-proclaimed witch Azealia Banks in hopes she would craft him an amulet to protect against terrorist attacks. Fir his part, Mr Dorsey has denied the claims.

No, really. You can read about the whole alleged affair here.

History suggests witchcraft has always been a lucrative market, going back 800 years to the days when sailors would buy ‘wind knots’ – knotted pieces of rope that were believed to summon a sturdy breeze each time its coils were loosed – from magical merchants.

Many made their keep as medical practitioners through the Middle Ages, too, despite bans on their craft.

In the modern age, witchcraft has become immensely profitable, with the market for psychics and clairvoyants worth an estimated $3.2 billion in the US alone. Meanwhile, online sales platform Etsy has more than 540,000 products tagged with ‘witch’.

Trying to corporatise these magical arts may prove difficult, however. Beauty company Sephora launched a ‘witch starter kit’ back in 2018 but was forced to pull the product after a backlash from the magical community.

So, don’t hold your breath for a magical ETF.

Sources

This Week’s News

News

28 October 2024

Aussie Tech unlocking big data for a $1 trillion Industry

News

15 October 2024

How this Aussie Tech delivers 100x lower costs to a $230 billion market

News

8 October 2024

The Australian AI company aiming for a $1 billion+ exit

General Advice Warning

Any advice provided by Reach Markets including on its website and by its representatives is general advice only and does not consider your objectives, financial situation or needs, and you should consider whether it is appropriate for you. This might mean that you need to seek personal advice from a representative authorised to provide personal advice. If you are thinking about acquiring a financial product, you should consider our Financial Services Guide (FSG)

including the Privacy Statement and any relevant Product Disclosure Statement or Prospectus (if one is available) to understand the features, risks and returns associated with the investment.

Please click here to read our full warning.